Apollo Pharmacy Franchise
Apollo Pharmacy Franchise
If you want to start your own business which is related to pharmacy, then we will tell you through this article how you can take Apollo Pharmacy Franchise then how you can start your own medical Store business.
Apollo Pharmacy is a very big name in the market and this company has made a different place in the health care sector and the people associated with Apollo Pharmacy are already earning a lot of profit and this company has more than 5000 products and more than 3000 stores in India. The service they give to their customers, if you also want to start your Apollo Pharmacy business, then you are going to get complete information related to it in this article, then you read this article till the end to get complete information.
Apollo Pharmacy Franchise Information
Apollo Pharmacy is a part of Apollo Hospitals. This company is Asia's largest healthcare group. It is India's first and largest branded pharmacy network which has opened more than 3000 outlets within India. This pharmacy is recognized with International Quality Certification. There are many types of products sold by Apollo Pharmacy such as Vitamins and supplements, Baby care, Personal care, Health foods, and OTC, etc
Altogether 5000 products of 400 categories are kept; today Apollo Pharmacy has got 3000+ outlets opened in India. Prathap C. Reddy started this company in 1983 and today the company has opened a pharmacy in more than 18 states of India, so any person who wants to open a medical store can take Apollo Pharmacy Franchise and start his business.
Scope of Pharmacy Franchise Business
The health care sector is a sector in which there is never going to be a recession, friends, do you know that our Indian healthcare industry is worth more than 200 billion US dollars in today's time, and by 2025 this industry will double. This means that it will be more than 400 billion US dollars and this industry is going to grow continuously in India, if you also want to start a business by joining this development, then we will tell you such a business related to this industry. It is considered to be the biggest business, if you also want to work in India by joining the Indian Healthcare Industry, then stay with us in this article till the end then you will understand.
For your information, let us tell you that the fast-spreading e-pharmacy business is spreading rapidly, as we have already told you that India's Indian Healthcare Industry is worth more than US $ 200 billion in today's time and by 2025. This industry will double, meaning it will be more than 400 billion US dollars and this industry is going to grow continuously in India.
Eligibility Requirement for Apollo Franchise
No eligibility rules have been made for the Apollo franchise, meaning any person can join this company but the company definitely checks these four things like your experience.
- If you are associated with Pharma/Doctor/Healthcare then you can apply for this franchise.
- The company wants whoever is associated with us to spend all the time of work in this business, which means the company does not give this business as a part-time business.
- Your space should be 200 to 300 square feet whether it is on rent or yours.
- The place should be on the ground floor.
Education for Apollo Pharmacy Franchise
What to do to open a medical store with Apollo Pharmacy Franchise?
- D. Pharma (Diploma in Pharmacy)
- B. Pharma (Bachelor of Pharmacy)
- M. Pharm (Master of Pharmacy)
- Pharma D. (Doctor of Pharmacy)
Let us know them with complete information so that you can know how you can do them.
D. Pharma (Diploma in Pharmacy)
D. Pharma (Diploma in Pharmacy) course is of full 3 years, whoever wants to do it, and then he can do this course after passing his 12th (Medical), along with this you are also practicing for 3 months in a government hospital. So that your experience can be good.
B. Pharma (Bachelor of Pharmacy)
B. Pharma (Bachelor of Pharmacy) course is of full 2 years, whoever wants to do it, then he can do this course after passing his 12th (Medical), but in this course, the candidate has to get a good rank in the examination. Only then will you be able to enter this course
M. Pharm (Master of Pharmacy)
You can do an M. Pharm (Master of Pharmacy) course after B. Pharma Course and it is a 2-year course, in which you can take admission only if you can get more than 50% marks in your B. Pharm. After doing this you are called Master of Medical Store Line.
Pharma D. (Doctor of Pharmacy)
The course of D. Pharma (Doctor of Pharmacy) is a full 6 years course, whoever wants to do it, the person who wants to run his medical store on a large level, then he can do this course, you can also do this course after passing 12th (Medical).
How to register in the pharmacy council
When you get your medical degree after completing your course, then you become a Registered Pharmacist but after that, you have to do one more thing that you have to register in your state pharmacy council to open a medical store.
You can also do all these tasks online, to complete this work, you need your 12th MC and completed course degree. After that seeing your documents, the government finalizes you.
How to Make Medical Store License.
After completing your course, you have to get yourself registered, but the last thing that is done is that you have to contact the State Drugs Standard Control Organization to get the license, from that you can get your Medical Store License made, it will cost about 3000 to 5000/-
State Drugs Standard Control Organization- Provides 2 types of licenses.
Retail Drugs License- If you want to work on a small scale
Wholesale Drugs License -If you want to work at the big level
Land for Apollo Pharmacy Franchise
Land For Apollo Pharmacy Franchise In this land is needed for a shop and for a godown.
Store Size :- 200 Sq.ft – 300 Sq.ft (can be taken on rent also)
Godown Size :- 500 Sq.ft – 600 Sq.ft
Total Space :- 500 Sq.ft – 900 Sq.ft
Documents for Apollo Pharmacy Franchise
Documents for Apollo Pharmacy Franchise
To start Apollo Pharmacy Franchise, some documents have to be given to the company which helps you to take the franchise.
Personal Document (PD): - There are many documents inside the personal document such as.
- ID Proof: Aadhaar Card, Pan Card, Voter Card
- Address Proof: Ration Card, Electricity Bill,
- Bank Account with Passbook
- Photograph Email ID, Phone Number,
- Other Documents
- TIN No. & GST No.
- Complete Property Document With Title & Address
- Lease Agreement
Investment for Apollo Pharmacy Franchise
Investment For Apollo Pharmacy Franchise the investment store inside it, after that the company has to pay the franchise fee and for a Go down, all these things have to be invested separately like;
Franchise Fee: Around Rs. 3 Lakhs To Rs. 5 Lakhs.
Shop Cost: Around Rs. 10 Lakhs To Rs. 15 Lakhs (includes Interior Design, Equipment Cost, Drug License, Initial Inventory)
Total Investment: Around Rs. 16 Lakhs To Rs. 20 Lakhs
Profit Margin in Apollo Pharmacy Franchise
Talking about profit margin within Apollo Pharmacy Franchise, the different profit margin is given on all the products inside it because the company sells many types of products, then different profit margin is given on top of all and when about profit margin. If the Franchise is given at that time, you can contact the company and get information about it.
In Pharmacy Franchise you get 30% of profit in this business
Apollo Pharmacy Franchise Contact and website
Apollo Hospitals Enterprise Limited
#19, Bishop Gardens,
Chennai,Tamil Nadu- 600028
For Corporate Inquiries
East: Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West: Gujarat, Rajasthan, Maharashtra, Goa
North: Delhi, Jammu and Kashmir, Uttar Pradesh, Haryana, Himachal Pradesh, Punjab, and Uttaranchal
South: Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Central: Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories: Pondicherry, Chandigarh, Lakshadweep, Daman, and Diu